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Bitcoin Staking Expands Across 70 Chains

Babylon and Axelar Expand Bitcoin Staking Across 70+ Chains

  • Babylon Labs launched the Babylon Genesis mainnet, a layer one blockchain.
  • The mainnet is powered by its native token “baby.”
  • Babylon is a four-billion-dollar bitcoin staking protocol.
  • An integration with Axelar was announced to enable self-custodial bitcoin staking.
  • This integration expands bitcoin staking to over 70 blockchain networks.

Babylon Labs, alongside Axelar, has introduced an integration that allows self-custodial bitcoin staking on more than 70 blockchain networks, leveraging the new Babylon Genesis mainnet and its native token “baby.”

Source (2.6)https://news.bitcoin.com/babylon-and-axelar-bring-bitcoin-staking-to-over-70-chains/?rand=52384
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